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This group aims to provide a platform and an opportunity for sourcing, purchasing and procurement professionals to network, share and discuss operational experiences in gifts and premiums.

Members: 15
Latest Activity: May 20

Group Objectives

Prices of promotional items from China are expected to increase in coming months. Adjustments are mainly a result of high costs, especially for plastic and metal employed by suppliers across the various product categories.

Expenses for labor and auxiliary services such as transportation and logo application are on the rise as well. Moreover, the strengthening value of the yuan against the US dollar and other currencies is causing quotes to go up as well.

This group aims again to provide a platform and an opportunity for sourcing, purchasing and procurement professionals to network, share and discuss operational experiences in this unique category.

Categories discussed will include the major products of China’s promotional items industry, namely bags, keychains, mugs and cups, USB keys, golf accessories, timepieces, wearables,  umbrellas and visuals.

This is an excellent platform to forge eventual partnerships with other experts in this field and some sourcing firms specialised in gifts and premiums.

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Promotional Gift Bag Manufacturers

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Comment by Roger Hu on April 26, 2012 at 11:25pm

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Yes, all the points mentioned by the group master are really the fact.  But till now I suppose there is no other country to replace the China's world factory position. China have the best supply chain and efficiency in supplying promotional items.

So for one purchasing manager, he/she shall try to optimize their sourcing channels or even find some new ones with better price, better quality, or better delivery time to obtain one advantage. Besides the price, other points shall be also important or sometimes even of more importance in winning the contract awards. Like, they may contact trade companies before, but now they can have more choices like direct reach to some professional factories - they also have experts knowing very well both of the language correspondence, the product techniques. I can't say this will be one trend for future, but at least it's feasible and natural for one purchasing company with good demand for such promotional items.

 

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